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Meiloon Industrial Co Ltd stock PB Ratio (=0.84) is close to 1-year low of 0.81.
The historical rank and industry rank for Meiloon Industrial Co's PB Ratio or its related term are showing as below:
TPE:2477'
s PB Ratio Range Over the Past 10 Years
Min: 0.59 Med: 1.21 Max: 2.33
Current: 0.84
During the past 13 years, Meiloon Industrial Co's highest PB Ratio was 2.33. The lowest was 0.59. And the median was 1.21.
TPE:2477's PB Ratio is ranked better than 81.89% of 2418
companies
in the Hardware industry
Industry Median: 2.17
vs TPE:2477: 0.84
During the past 12 months, Meiloon Industrial Co's average Book Value Per Share Growth Rate was -4.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Meiloon Industrial Co was 12.00% per year. The lowest was -7.10% per year. And the median was 2.95% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Consumer Electronics subindustry, Meiloon Industrial Co's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Meiloon Industrial Co PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Meiloon Industrial Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Meiloon Industrial Co's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Meiloon Industrial Co (TPE:2477) has a PB Ratio of 0.84 as of Aug. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Meiloon Industrial Co and its competitors. This is 31% below median its historical median of 1.21. Over the past decade, Meiloon Industrial Co's PB Ratio has ranged from 0.59 to 2.33. According to the industry distribution chart, Meiloon Industrial Co ranks #438 out of 2418 companies in the Hardware industry, placing it in the top 18.1%.
Is Meiloon Industrial Co's PB Ratio too high?
Meiloon Industrial Co's current PB Ratio of 0.84 is 31% below median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 2.33. The Hardware industry median PB Ratio is 2.17. Meiloon Industrial Co's value of 0.84 is 61.3% below this industry median. Based on the distribution chart, Meiloon Industrial Co ranks #438 out of 2418 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Meiloon Industrial Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meiloon Industrial Co's PB Ratio compare to AAPL?
According to the Hardware industry distribution chart, Meiloon Industrial Co ranks #438 out of 2418 companies for PB Ratio. This places Meiloon Industrial Co in the top 18% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.17. Meiloon Industrial Co's value of 0.84 is 61.3% below this benchmark. Historically, Meiloon Industrial Co's own PB Ratio has ranged from 0.59 to 2.33 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 2.17, Meiloon Industrial Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Hardware company?
The median PB Ratio among Hardware companies is 2.17, based on 2,418 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meiloon Industrial Co's current PB Ratio of 0.84 is 61.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Meiloon Industrial Co and its competitors. For the Hardware industry, the median PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiloon Industrial Co's current PB Ratio is 0.84, which is 31% below median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiloon Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Meiloon Industrial Co (TPE:2477) is currently considered Fairly Valued. The stock's GF Value™ is NT$22.56, compared to a current price of NT$21.60 — trading 4.3% below its estimated fair value. The current PB Ratio is 0.84, which is 31% below median its 10-year median of 1.21 and 61.3% below the Hardware industry median of 2.17. Meiloon Industrial Co's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Meiloon Industrial Co (TPE:2477), the current PB Ratio is 0.84 as of Aug. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Meiloon Industrial Co (TPE:2477) Overvalued in 2026?
Based on GuruFocus' analysis, Meiloon Industrial Co stock appears to be undervalued.
The current stock price of NT$21.60 is trading 4.3% below its estimated GF Value™ of NT$22.56.
GuruFocus considers Meiloon Industrial Co to be Fairly Valued.
Key valuation signals for TPE:2477:
PB Ratio: 0.84 (31% below median its 10-year median of 1.21)
GF Value™: NT$22.56 vs. price of NT$21.60 (4.3% below fair value)
Industry Position: 61.3% below the Hardware median (#438 of 2418)
No single metric tells the full story. See the TPE:2477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiloon Industrial Co Ltd designs and manufactures all types of visual and audio products. Its product line includes hi-fi home theater systems; car speakers and amplifiers; professional audio speakers; projectors and many others. Its segments include the Loudspeaker segment and Other segments. Its geographic segments include Europe, Americas, Asia, Taiwan, and Other regions. It generates the majority of its revenue from Europe.
72GF Score
Get the complete analysis for TPE:2477
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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